Can I setup a Selfwealth account for my SMSF?
Yes, your SMSF can use a Selfwealth account for investing! Selfwealth is one of several online trading platforms offering competitive flat-fee brokerage, accessible on desktop or mobile devices. Syfe, a leading digital investment platform in the Asia Pacific region, acquired Selfwealth in 2025, and Selfwealth now operates privately as “Selfwealth by Syfe” and is licensed to provide financial services in Australia. Selfwealth is now a global player, with the acquisition giving it broader access to a range of diverse investment products and innovative technological applications.
How does Selfwealth align with SMSF Investing?
The Selfwealth platform allows an SMSF to have direct control over its investments; there is no custodian between the SMSF and its investments. The platform provides trading transaction confirmations, CHESS statements and reporting for the 30 June year-end to support audit evidence required by an SMSF’s auditor.
Selfwealth offers standard free access for SMSFs signing up to a Selfwealth SMSF trading account:
- flat-free brokerage, currently $9.50 per trade
- no account-keeping or management fees
- access to local Australian and global markets
- company research and financials
- direct SMSF ownership
- personal dedicated support
- integration with specialised super software provider Class Super allowing data feeds meaning that SMSF Australia can receive data directly into the software reducing manual entry costs and human error
Because of the simplicity of Selfwealth data feeds and reporting SMSF Australia is able to support funds investing via this platform at our basic rate of $1,300+GST per annum covering the annual accounting work, provision of your electronic service address, the annual tax return, the registered office and ASIC agency work and the independent audit.
What sort of investments can an SMSF acquire?
An SMSF can acquire assets available through the Selfwealth platform, which includes listed securities on the ASX, NYSE, Nasdaq, and the Hong Kong Stock Exchange, such as a wide range of Australian and US shares, bonds, exchange-traded funds (ETFs), and other emerging products. The fund’s trust deed and investment strategy must allow for these investments.
Investments in derivatives such as options, CFDs and futures are not available under the Selfwealth trading platform.
Selfwealth provides fee-based investment monitoring in addition to the free standard access and includes services such as charting tools, ASX live streaming market prices for Australian and US markets, and detailed stock reports for Australian, US, and Hong Kong stocks.
SMSF reporting requirements
The technology provides easy, transparent access to your SMSF’s transaction reports. These reports can be exported or uploaded directly to Class Super software, the platform we use for our SMSF clients, ensuring efficient, error-free processing. Intermediaries such as financial advisors, accountants, or SMSF auditors can also be granted permission to access the SMSF accounts.
Other online trading platforms
There are other similar trading platforms to Selfwealth that an SMSF can utilise, including:
The above are trading platforms that an SMSF can use, provided the investments align with its trust deed and investment strategy and are not prohibited by superannuation rules and regulations. The platforms trade in listed equities and ETFs on the ASX, Nasdaq, and NYSE but generally do not allow investments in direct derivatives. Some platforms also invest in European and Asian markets. They typically have low brokerage fees, and the assets are owned directly by the SMSF, enabling the auditor to verify the fund’s ownership and the number of shares or equities held as of 30 June. Transactions can be accessed electronically and uploaded to specialised superannuation software such as Class Super. Pricing varies across the platforms.